Tag: RMDAS ferrous scrap price index
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USA: RMDAS ferrous scrap index down m-o-m in September
The Raw Material Data Aggregation Service (RMDAS) ferrous scrap price index decreased m-o-m in Sep’22 on a bearish global finished steel market. The average price of shredded scrap stood at $409/t in Sep’22, down $19/t m-o-m, while prompt industrial composite scrap prices went down by $26/t to $411/t. The index for HMS fell by $16/t…